Policy uncertainty remains high in the fourth quarter of 2023.
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GUEST - Prof Raymond Parsons - economist and professor at the NWU School of Business
South Africa’s upcoming national elections pose a major risk to the local economy, with policy uncertainty remaining elevated and investors wary of investing in the country entering uncharted political waters.
This risk was highlighted by the North-West University (NWU) Business School in its policy uncertainty index, which remained high in the fourth quarter of 2023.
Policy uncertainty is a major issue in South Africa as it has severe implications for business confidence and the investment climate in the country. In its report, the NWU Business School said there are strong correlations between policy uncertainty and negative economic outcomes.
South Africa’s upcoming national elections pose a major risk to the local economy, with policy uncertainty remaining elevated and investors wary of investing in the country entering uncharted political waters.
This risk was highlighted by the North-West University (NWU) Business School in its policy uncertainty index, which remained high in the fourth quarter of 2023.
Policy uncertainty is a major issue in South Africa as it has severe implications for business confidence and the investment climate in the country. In its report, the NWU Business School said there are strong correlations between policy uncertainty and negative economic outcomes.
